AGF issues first tranche of USD 50M Guarantee to Equity Bank to support SMEs in Kenya, Uganda, Rwanda & DRC
AGF has issued a loan portfolio guarantee amounting to USD 10 million to Afriland First Bank.
This financial guarantee will be entirely dedicated to Small and Medium Enterprises qualified for green financing.
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AGF's recognition is credited to setting up an ecosystem that creates value as well as having high impact initiatives in Africa.
The partnership will unlock $1.3 to 2 billion in loans to women-owned SMEs in Africa.
AGF has donated essential medical equipment worth Kshs. 2.2 million to Pumwani Maternity Hospital.
The SMEs pulled from various West African countries will benefit from training, mentorship and technical assistance.
GreenYellow, Axian, Societe Generale, GuarantCo and AGF close EUR 16.2 million transaction to support debt funding of a 20 MW solar photovoltaic power plant.
AGF has announced the appointment of Jules Ngankam as the new Group Chief Executive Officer.